Home / Browse projects / Mumbai Suburban, Maharashtra / REDEVELOPMENT OF PEARL PALACE
REDEVELOPMENT OF PEARL PALACE
By PRANAV CONSTRUCTIONS LIMITED
RG-MH-85799 · RERA P51800051212 · Last updated on MahaRERA portal: 20 May 2026
Source: official MahaRERA filing
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Red flags
- Rs 80.00 crore secured on the land, in favour of Aditya Birla Finance Limited
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
1 condition is on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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REDEVELOPMENT OF PEARL PALACE is a Others project by PRANAV CONSTRUCTIONS LIMITED in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800051212 on 1 Jun 2023. Possession is promised by 14 Sep 2027. 9 of the 26 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameREDEVELOPMENT OF PEARL PALACE
- TypeOthers
- Location
- S.V.ROAD
- SANTACRUZ W
- Bandra
- Andheri
- Mumbai Suburban
- 400054
- Pincode400054
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800051212
- ReraGenie IDRG-MH-85799
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on1 Jun 2023
- Promised completion14 Sep 2027
- Revised completionNone
- Buildings1 building record
- Documents filed137 files
Current status
Figures as on 20 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PEARL PALACE | NA | 16 | 15 | 23 | 3 | 26 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 20 May 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
3 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 90%.
PEARL PALACE: 73% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 90% |
| Basement (if any) | 90% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 85% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 70% |
| Sanitary Fittings within the flats / premises | 5% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 75% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 60% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 25% |
Progress on shared amenities15
As on 20 May 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 70% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 30% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 25% |
| Water conservation /Rain water harvesting | Yes | 25% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 40% |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed19
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership10
MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
| Landowner | Village | District |
|---|---|---|
| PRANAV CONSTRUCTIONS PVT LTD | Borivali | Mumbai Suburban |
| PEARL PALACE BUILDING PVT LTD | Bandra | Mumbai Suburban |
| BIPIN RAMNIKLAL VIRA | Mumbai City | Mumbai City |
| JAYESH VIRA | Mumbai City | Mumbai City |
| RAJESH VIRA | Mumbai City | Mumbai City |
| DINESH SHAH | Mumbai City | Mumbai City |
| HARISH SHAH | Mumbai City | Mumbai City |
| LALIT SHAH | Mumbai City | Mumbai City |
| SHAILESH DAMJI SHAH | Mumbai City | Mumbai City |
| N M FASHION RETAIL PRIVATE LIMITED | Bandra | Mumbai Suburban |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| PEARL PALACE | NA | Rs 20.91 cr | Rs 19.87 cr |
| - | NA | Rs 2.58 cr | Rs 2.22 cr |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | RASIK P HINGOOAND ASSOCIATES |
| Engineer | SACPL |
| Engineer | ADITYA DINESH MEHTA |
| Chartered Accountant | PRASHANT SHAH AND ASSOCIATES |
| Chartered Accountant | NITIN VARE |
| Chartered Accountant | MSKA & Associates |
| Partner | Role in project |
|---|---|
| PRANAV CONSTRUCTIONS LIMITED | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 16 May 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 8 Apr 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 13 May 2026 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 12 Dec 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 14 Sep 2027
Documents filed137
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 137 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Form 2A (FY 2024-2025)File: Quality Assurance Certificate -Pearl Palace CHSL001.pdf | 20 May 2026 |
| Building plan approvalFile: Amendletter_signed.pdf | 13 May 2026 |
| Building plan approvalFile: IOD Drawing 1-2.pdf | 13 May 2026 |
| Building plan approvalFile: IOD Drawing 3-4.pdf | 13 May 2026 |
| Building plan approvalFile: IOD Drawing 5-6.pdf | 13 May 2026 |
| Building plan approvalFile: letter_signed.pdf | 13 May 2026 |
| Withdrawal Update Form 1File: Pearl Palace001.pdf | 25 Apr 2026 |
| Withdrawal Update Form 2File: Pearl Palace CHSL001.pdf | 25 Apr 2026 |
| Withdrawal Update Form 3File: FORM 3 -Pearl Palace.pdf | 25 Apr 2026 |
| Withdrawal Update Form 1File: FORM I_Pearl Palace CHSL.pdf | 11 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 _ Pearl Palace CHSL.pdf | 11 Feb 2026 |
| Withdrawal Update Form 3File: FORM 3_Pearl Palace CHSL001.pdf | 11 Feb 2026 |
| Withdrawal Update Form 1File: Form 1- Pearl Palace.pdf | 31 Oct 2025 |
| Withdrawal Update Form 2File: Form 2- Pearl Palace.pdf | 31 Oct 2025 |
| Withdrawal Update Form 3File: Form 3- Pearl Palace001.pdf | 31 Oct 2025 |
| Form 5 (FY 2024-2025)File: Form 5 - Pearl Palace.pdf | 1 Oct 2025 |
| Withdrawal Update Form 1File: Form 1- Pearl Palace.pdf | 1 Aug 2025 |
| Withdrawal Update Form 2File: Pearl Palace.pdf | 1 Aug 2025 |
| Withdrawal Update Form 3File: Form 3-Pearl Palace CHSL.pdf | 1 Aug 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Signed Form 3 CA Certificate Pearl Palace as on 31-03-2025_compressed.pdf | 24 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineers Certificate Pearl Palace 31032025.pdf | 24 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form - 1 (Pearl Palace).pdf | 16 Apr 2025 |
| Details of encumbrances concerned to FinanceFile: Financial Encumbrance Letter_Pearl Palace.pdf | 8 Apr 2025 |
| Details of encumbrances concerned to LegalFile: Financial Encumbrance Letter_Pearl Palace.pdf | 8 Apr 2025 |
| Deviation Report with respect to model copy of AgreementFile: 04A Deviation Report_Pearl Palace.pdf | 8 Apr 2025 |
| Proforma of Agreement for saleFile: 04A Agreement for Sale Pearl Palace.pdf | 8 Apr 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for secured and unsecured premises.pdf | 8 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Pearl Palace Form 3 - Final_compressed.pdf | 16 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 (11012025).pdf | 14 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Pearl Palace CHSL Form 2.pdf | 14 Jan 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: cc revalidation.pdf | 12 Dec 2024 |
| Declaration about Commencement CertificateFile: 2448705_FurtherCC_signed.pdf | 12 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf | 4 Dec 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC revalidation- Pearl Palace.pdf | 30 Oct 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2441293_FurtherCC_signed.pdf | 30 Oct 2024 |
| Declaration about Commencement CertificateFile: DCC Pearl Palace.pdf | 30 Oct 2024 |
| Building plan approvalFile: Drawing Pages - 1.pdf | 29 Oct 2024 |
| Building plan approvalFile: Drawing-pages-2.pdf | 29 Oct 2024 |
| Building plan approvalFile: Drawing-pages-3.pdf | 29 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Drawing Pages - 1.pdf | 29 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Drawing-pages-2.pdf | 29 Oct 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Drawing-pages-3.pdf | 29 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 30092024.pdf | 23 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 30092024.pdf | 23 Oct 2024 |
| PAN CardFile: PCL PAN Card Scan Copy.pdf | 18 Oct 2024 |
| Building plan approvalFile: Amended Drawing-pages-1.pdf | 30 Jul 2024 |
| Building plan approvalFile: Amended Drawing-pages-2.pdf | 30 Jul 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Amended Drawing-pages-1.pdf | 30 Jul 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Amended Drawing-pages-2.pdf | 30 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_Pearl Palace001.pdf | 17 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: F-2-PP-QE-30062024.pdf | 16 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Pearl Palace CHSL001.pdf | 16 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: F-3-PP-QE-30062024-compressed.pdf | 16 Jul 2024 |
| Proforma of Agreement for saleFile: FINAL Draft of Agreement for Sale 10072024.pdf | 10 Jul 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation on AFS- Pearl Palace_1.pdf | 10 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Quality Assurance Certificate (Pearl Palace CHSL)001.pdf | 21 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Revised Form 3 CA Certificate Pearl Palace as on 31032024.pdf | 3 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineers Certificate Pearl Palace 31032024.pdf | 2 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA Certificate Pearl Palace as on 31032024.pdf | 2 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM I _ PEARL PALACE.pdf | 17 Apr 2024 |
| Declaration about Commencement CertificateFile: Declaration Letter_Pearl Palace.pdf | 13 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Redv of Pearl Palace.pdf | 27 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineers Certificate Pearl Palace 31122023.pdf | 18 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA Certificate Pearl Palace as on 31122023_compressed.pdf | 18 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2408720_FurtherCC_signed.pdf | 13 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Fresh Form 4 - Pearl Palace.pdf | 8 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Pearl Palace.pdf | 29 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineers Certificate Pearl Palace 30092023.pdf | 27 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 RERA Pearl Palace as on 30092023_compressed.pdf | 27 Nov 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: FORM 3 RERA Pearl Palace as on 30092023_compressed.pdf | 27 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form I - Pearl Palace.pdf | 23 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form I-Architect Certificate - Pearl Palace.pdf | 14 Aug 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2- Pearl Palace.pdf | 14 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 RERA Pearl Palace compressed.pdf | 14 Aug 2023 |
| Proforma of Agreement for saleFile: Draft Sale Agreement-Model Agreement.pdf | 18 Jul 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Certificate-Pearl Palace.pdf | 14 Jul 2023 |
| Details of encumbrances concerned to LegalFile: Encumbrance Certificate-Pearl Palace.pdf | 14 Jul 2023 |
| Details of encumbrances concerned to FinanceFile: No Encrumbrances Certificate.pdf | 24 May 2023 |
| Details of encumbrances concerned to LegalFile: No Encrumbrances Certificate.pdf | 24 May 2023 |
| CERSAI detailsFile: DECLARATION PEARL PALACE-CERSAI.pdf | 24 May 2023 |
Promoter's earlier projects29
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| REDEVELOPMENT OF METTIVILLA CHSLP51800004896 | Goregaon west, Mumbai Suburban | - | Aug 2017 | Completed | Dec 2028 | Sep 2022 |
| REDEVELOPMENT OF LAKSHMAN TOWER CHSLP51800053601 | SHIMPOLI, Mumbai Suburban | 50 | Nov 2023 | Completed | Mar 2027 | Apr 2026 |
| REDEVELOPMENT OF UNION BANK OF INDIA EMPLOYEES ANKUR CHSLP51800054093 | MALAD, Mumbai Suburban | 70 | Dec 2023 | Completed | Feb 2027 | Mar 2026 |
| REDEVELOPMENT OF KESAR NIKETAN CHSLP51800046669 | BORIVALI EAST, Mumbai Suburban | 81 | Aug 2022 | Completed | Jan 2026 | May 2025 |
| REDEVELOPMENT OF NEW SHALIMAR APARTMENTS CHSLP51800034915 | MUMBAI, Mumbai Suburban | - | Apr 2022 | Completed | Sep 2025 | Mar 2024 |
| REDEVELOPMENT OF GOLD COIN CHSLP51800034931 | MUMBAI, Mumbai Suburban | - | Apr 2022 | Completed | Sep 2025 | Mar 2024 |
| REDEVELOPMENT OF RUSHABH MAHAL CHSLP51800034099 | MALAD EAST, Mumbai Suburban | 43 | Mar 2022 | Completed | Jun 2025 | May 2025 |
| REDEVELOPMENT OF RAMESH MANDIR CHSLP51800032468 | MUMBAI, Mumbai Suburban | - | Jan 2022 | Completed | Apr 2025 | Mar 2024 |
| REDEVELOPMENT OF SPARSH CHSLP51800031623 | MUMBAI, Mumbai Suburban | - | Nov 2021 | Completed | Mar 2025 | Jan 2024 |
| REDEVELOPMENT OF PLOT NO. 212P51800034087 | MUMBAI, Mumbai Suburban | - | Mar 2022 | Completed | Feb 2025 | Nov 2023 |
| REDEVELOPMENT OF MALAD MARUDHAR CHSLP51800032320 | MUMBAI, Mumbai Suburban | - | Dec 2021 | Completed | Jan 2025 | Jul 2024 |
| REDEVELOPMENT OF TIARA CHSLP51800034818 | MALAD WEST, Mumbai Suburban | - | Apr 2022 | Completed | Oct 2024 | Oct 2024 |
| REDEVELOPMENT OF POPULAR TERRACE CHSLP51800029351 | BORIVALI WEST MUMBAI, Mumbai Suburban | - | May 2021 | Completed | Sep 2024 | Apr 2024 |
| REDEVELOPMENT OF GALA APARTMENTS CHSLP51800029415 | MALAD EAST, Mumbai Suburban | - | May 2021 | Completed | Sep 2024 | Mar 2024 |
| REDEVELOPMENT OF SILVERENE CHSLP51800031840 | MUMBAI, Mumbai Suburban | - | Nov 2021 | Completed | Mar 2024 | Sep 2023 |
| REDEVELOPMENT OF BORIVALI SHIVDARSHAN CHSLP51800026908 | BORIVALI WEST MUMBAI, Mumbai Suburban | - | Nov 2020 | Completed | Mar 2024 | Apr 2023 |
| REDEVELOPMENT OF PUSHPAWADI CHSLP51800028108 | BORIWALI WEST, Mumbai Suburban | - | Jan 2021 | Completed | Dec 2023 | Sep 2022 |
| REDEVELOPMENT OF PRAVESH CHSLP51800020989 | BORIVALI EAST, Mumbai Suburban | - | May 2019 | Completed | Nov 2023 | Aug 2022 |
| REDEVELOPMENT OF MALAD AMBER CHSLP51800025354 | MUMBAI, Mumbai Suburban | - | Apr 2020 | Completed | Oct 2023 | Oct 2023 |
| REDEVELOPMENT OF ABHIRAM CHSLP51800018680 | KANDIVALI WEST, Mumbai Suburban | - | Nov 2018 | Completed | Jun 2023 | Oct 2021 |
| REDEVELOPMENT OF NAVCHANDRAKUNJ CHSL | Plot No 42 Jawahar Nagar Road No 4 Goregaon West Mumbai | 23 | - | Completed | Mar 2021 | Mar 2020 |
| REDEVELOPMENT OF ULKA CHSL | Village Eksar TPS Borivali No III Borivali West Mumbai | 29 | - | Completed | Dec 2019 | May 2019 |
| REDEVELOPMENT OF MALAD RAJHANS CHSL | Plot No 19 Jitendra Road Malad East Mumbai | 55 | - | Completed | Mar 2019 | Late, Apr 2019 |
| REDEVELOPMENT OF DEEP CHSL | Marve Road Village Valnai Malad West Mumbai | 31 | - | Completed | Dec 2018 | Late, Feb 2019 |
| REDEVELOPMENT OF RAJENDRA APARTMENTS CHSL | CTS No 289 289 1 to 6 Plot No 10 Village Valnai Taluka Borivali Malad West Mumbai 400064 | 26 | - | Completed | Jul 2018 | Feb 2018 |
| NEW LATA APARTMENT CHSL | GAJANAN COLONY ROAD GOREGAON WEST MUMBAI 400104 | 33 | - | Completed | Dec 2017 | Jun 2017 |
| ASHUTOSH CHSL | RAM MANDIR ROAD VAZIRA NAKA BORIVALI WEST MUMBAI 400091 | 20 | - | Completed | Sep 2017 | Oct 2016 |
| PRACHITI CHSL | PLOT 146 ROAD NO 9 JAWAHAR NAGAR GOREGAON WEST MUMBAI 400104 | 28 | - | Completed | Dec 2015 | Sep 2015 |
| KIRAN APARTMENTS | PLOT 229 ROAD NO 14 JAWAHAR NAGAR GOREGAON WEST MUMBAI 400104 | 30 | - | Completed | Dec 2013 | Late, Jan 2014 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
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- All 137 filed documents as one ZIP, foldered, with a manifest
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PRANAV CONSTRUCTIONS LIMITED
See every Mumbai Suburban project, with the district possession charts
Builder: PRANAV CONSTRUCTIONS LIMITED
PRANAV CONSTRUCTIONS LIMITED has 47 registrations on MahaRERA, including REDEVELOPMENT OF RAJENDRA APARTMENTS CHSL and REDEVELOPMENT OF MALAD RAJHANS CHSL. Its filings disclose 29 earlier MahaRERA projects: declares 26 of 29 past projects completed on time. Litigation is declared on 8 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if REDEVELOPMENT OF PEARL PALACE is delayed beyond 14 Sep 2027?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of REDEVELOPMENT OF PEARL PALACE?
The registered promoter entity is PRANAV CONSTRUCTIONS LIMITED, a company as per the filing. Its GSTIN 27AAECP0580F1ZK can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in REDEVELOPMENT OF PEARL PALACE?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for REDEVELOPMENT OF PEARL PALACE?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at REDEVELOPMENT OF PEARL PALACE?
The professionals named in the filing: Architect: RASIK P HINGOOAND ASSOCIATES; Engineer: SACPL; Engineer: ADITYA DINESH MEHTA; Chartered Accountant: PRASHANT SHAH AND ASSOCIATES; Chartered Accountant: NITIN VARE; Chartered Accountant: MSKA & Associates. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in REDEVELOPMENT OF PEARL PALACE?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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